According to this excellent article by the Telegraph, the British economy expands by 0.5pc in the third quarter, according to official data. BUT growth is completely down to services. Production, construction and manufacturing remain at pre-2008 levels.
It’s highly risky to rely on services alone for UK growth.
With George Oborne not contrained like his Eurozone peers, why is he not providing fiscal incentives to get the non-service sector growing?